A Large Oil Field Was Discovered On The Shelf Of Côte d’Ivoire
Reserves are estimated at 1.5-2 billion barrels.
A large oil field has been discovered on the shelf of Côte d’Ivoire in the waters of the Gulf of Guinea. This was reported by the business news agency Ecofin.
The field’s reserves are estimated at 1.5-2 billion barrels of oil and up to 2.4 trillion cubic meters. feet (about 67 billion cubic meters) of associated gas. Oil was discovered in a well 7 km deep. The exploration was carried out by the Italian energy company Eni jointly with the Ivorian Petroci.
In 2021, these companies discovered the first major oil and gas field, Baleine, offshore Côte d’Ivoire. Its first stage was put into operation last year and now produces 22 thousand barrels of oil per day. Baleine reserves are estimated at 2.5 billion barrels of oil and 3.3 trillion cubic meters. feet (about 93 billion cubic meters) of gas. It required an investment of $10 billion.
According to experts, in 2027, Côte d’Ivoire will become one of the ten largest oil producers in Africa.